The current trend of the market trend has entered a volatile range. As mentioned before, from the technical indicators, there is no obvious signal for the continuation of the price rise and fall. Some friends will say that the rise and fall in the past two days have been very large. That is due to the data and news. Influenced by the impact, the final price did not break through the direction and basically remained unchanged.
At present, the overall trend is still strong, but the continuity is relatively poor. As long as the high and low points do not break, we can still keep watching the price fluctuate within the range and not think too much about it; in the short-hour chart, yesterday's US market price surged higher. Pressure retracement, the high point is near the 71600 area, the current K-line pattern is continuously negative, the price is below the moving average, there is a high probability that it will still fall during the day, and the support position that needs to be paid attention to is the 69000 area; so the strength of the European market is the key!
Operation suggestions for Friday afternoon:
Bitcoin: Short in the 70500-70000 area, with a target of 69000-68500.
Ether: Just synchronize your ideas, pick up the points, and take good defense!
Knowledge is your wealth, choice is more important than hard work, understand everything! #BTC #DOGE #SHIB